Is an ARM Right for You?
The vilified adjustable rate mortgage (ARM) has been blamed for many homeowners losing their homes in foreclosure. And 30-year fixed mortgage rates at historical lows appear to be a no-brainer right now. Contrary to popular belief, an ARM might be the better path to take for some homeowners with mortgage rates for the first five years at half of the fixed rate. Read this article and weigh the pros and cons for yourself: http://finance.fortune.cnn.com/2012/08/30/adjustable-rate-mortgage/



You must be logged in to add a comment to this message.
Click Here to Login